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2. FedLoan is no longer handling federal student loans: Here’s ...

   www.aol.com/finance/fedloan-no-longer-handling...

   Key takeaways. FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and ...

3. What to know if CornerStone was your student loan servicer - AOL

   www.aol.com/finance/know-cornerstone-student...

   However, FedLoan stopped servicing federal student loans after December 2022 and the Department of Education then transferred the loans it was servicing to Nelnet, Edfinancial, Aidvantage or MOHELA.

4. What Is EdFinancial Services and How Does It Work? - AOL

   www.aol.com/finance/edfinancial-services-does...

   June 14, 2022 at 4:50 AM. EdFinancial is a federal student loan servicer that works with the U.S. Department of Education to manage and process federal student loans. EdFinancial has been in the ...

5. Navient - Wikipedia

   en.wikipedia.org/wiki/Navient

   navient .com. Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient. Navient employs 6,000 people at offices across ...

6. Maximus Inc. - Wikipedia

   en.wikipedia.org/wiki/Maximus_Inc.

   In 2021, Maximus completed three additional transactions. Maximus and Navient announced the two companies signed a definitive agreement to transfer the loan servicing for 5.6 million U.S. Department of Education-owned student loan accounts through a contract novation, creating a new operating entity, Aidvantage.

7. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

8. Student Loan Forgiveness FAQs: Everything You Need to Know - AOL

   www.aol.com/student-loan-forgiveness-faqs...

   President Joe Biden announced a first-of-its-kind federal student loan cancellation plan Aug. 24 that would wipe out up to $20,000 worth of federal student loans for millions of Americans. The ...

9. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]